April 7 (Reuters) - Pacific Investment Management Co. is in talks with the Bank of America to help provide roughly $14 ...

Oracle Corp. named Schneider Electric SE executive Hilary Maxson as its chief financial officer to help the company navigate ...

Hilary Maxson, formerly group CFO at Schneider Electric, joins Oracle as it cuts 30,000 jobs and commits $50 billion to AI ...

Pacific Investment Management Co. (Pimco) is seeking to offload portions of a massive $14 billion debt package linked to Oracle Corp.’s (ORCL) massive data center development in Michigan, according to ...

From Oracle to Meta, Big Tech is reshaping its C-suite around AI infrastructure, even as thousands of workers face layoffs.

Redpanda, creators of the Redpanda Agentic Data Plane (ADP) for enterprise AI, today announced the general availability of four new components in Redpanda Connect: an Amazon Dynam ...

Pimco and Bank of America are in talks on $14B bond financing for an Oracle Michigan data center, with Blackstone adding equity.

If finalized, the deal would make PIMCO a key backer of a Saline Township data center where Oracle Corporation aims to run applications for OpenAI. ・The funding may be structured as a bond offering, ...

Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...